Altcoin Season Watch: Momentum Building but Not Confirmed

I agree with Coinbase’s view that conditions look increasingly favorable for an altcoin run; falling Bitcoin dominance, rising altcoin market cap, and potential Fed rate cuts are aligning as catalysts.

However, the data are suggestive rather than decisive — altseason indexes remain below the 75% benchmark and the cycle still lacks a clear defining narrative or trigger.

I’m inclined to monitor momentum and selectively consider exposure to high-quality altcoins, but I want to see confirmation (broader outperformance or a clear macro/sector catalyst) before increasing risk significantly.